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The more day traders, retail traders, and volatility the better. This is not a bad thing at all - that is, if you want to actually make money.

The refugees are no threat. Incredibly ignorant anti-Islam dickheads will have a field day with it though.

If we change the way the index is measured to be beneficial in some kind of selfish fashion then we're essentially "faking" numbers for a specific purpose. To give an extreme example if we decided tomorrow that CPI will be changed to only track the price of oil while the price of oil itself...

I completely agree - imbalance is what actually moves the price. What I mean is that its volume in general (including an excess of it or a lack of it) that moves price not the difference in price between 10:45 and 10:50 bar intervals. So when looking for patterns on charts I don't think time...

Nobody thinks CPI is faked. They think CPI is an inaccurate measure of true inflation. So when someone says "the numbers aren't real" they mean "they aren't a true and accurate representation of inflation." You're hammering it home here that it should be proven to you when you're fully capable...

IMO the higher the timeframe the more solid the levels.

In the interest of keeping this thread going: Is it possible to catch steelhead with TA?

If banks are suffering and bankers have to contend with the real world - then by all means lets keep this ZIRP party going for as long as possible. I cannot think of a more deserving set of entities.

To be fair RN I'm not saying to ignore time. Myself I'm fully aware of when different sessions are opening and closing and prepare accordingly. What I'm saying is that bar pattern analysis on bars that have been split by *time intervals* doesn't really mean much unless volume is constant - which...

One thing I noticed in this thread is the continual references to "timeframes" like 1m, 3m, 5m, 1h etc and the analysis of the sequential bars, context surrounding them, etc - all pretty standard stuff. However time doesn't move price - volume does. IMO if you want a more reliable chart...

Jesus man just go look up "problems with CPI" on Google rather than having everyone take part in some ridiculous mechanical turk project to collect a bunch of grocery prices in a hugely error-prone fashion. The fact of the matter is that if everything lined up like you expect it should we...

That is what I'm saying - you're trying to make pennies by avoiding risk and not taking into account the larger risk you actually have vs the reward. Selling expiring options 20-30 minutes before they expire is a total gimmick that depends on probability of strikes not going ITM "since there's...

It's gimmicky because you're trying to make pennies on perceived sure-thing bets.

I'm long only via options, assuming the large collection of shorts will get taken to the woodshed on a retest of 2020-2030. When the sentiment starts to turn to "well maybe things aren't as bad as they seem" as a result of dumb money seeing a rally (even if its a short squeeze) then I'll get...

These types of trades are asking to get your face ripped off one of these days. They're gimmicky and the premium is not even close to being worth the risk.

The ole "the economy is much better now" argument. Let's see where we are in 2 years.

Obama? Try Goldman Sachs dude.

Consider too that the Fed might have unintentionally telegraphed their own perception of a weak economy and not the continually-growing-in-strength economy they speak of. All in all, if you zoom out, this lack of action really isn't that surprising.

Anyway - got short 1987.. expect rundown to 1960ish.

FFR unchanged. Haha.